Business

India's start-up industry has very high expectations from the upcoming budget, especially as the industry is at an influx point. The start-up ecosystem has attracted foreign direct investment worth $239 billion in the last five years, and made India the second largest start-up hub in the world. The industry is hopeful that the upcoming budget will

The GST Council will on Friday consider slashing GST rate on electric vehicles to 5 per cent, from 12 per cent currently, along with extension of the tenure of the anti-profiteering authority by a year till November 2020, an official said.

The 35th

The rupee gave up most of the day's gains after rising by as much as 21 paise against the US dollar on Thursday. The rupee opened higher at 69.47 against the greenback, against its previous close of 69.68, but retreated to 69.67 mark in afternoon trade. S

Global retail giant Walmart has agreed to pay over $282 million to settle charges of violating US anti-corruption regulations while conducting its business in India, China, Brazil and Mexico.

According to the US Security and Exchange Commission (SEC), these violations were conducted by Walmart's third-party intermediaries who made

India is in talks with the United States on H-1B work visas but has not heard anything official from Washington on capping such permits for Indians, the foreign ministry said on Thursday.

Reuters reported on Wednesday the United States had told India it was

India's benchmark 10-year bond yields dropped to their lowest in 20 months on Thursday after the Federal Reserve - the US central bank - signalled possible interest rate cuts later this year, while buying from state-run banks also aided.

The benchmark 10-year

The Donald Trump administration has no plans to cap H-1B work visas for nations that force foreign companies to store data locally, the State Department said on Thursday.

Reuters reported on Wednesday that the United States had told India it was considering restricting the H-1B visa programmes for countries with the data storage

No refund is given by Indian Railways after chart preparation in case of a confirmed online ticket.

Domestic stock markets recovered early losses to trade in the positive territory on Thursday, amid a positive trend in global markets after the US central bank hinted at a reduction in interest rates going forward. The

State Bank of India (SBI), the country's largest lender, provides a range of accounts that are free of its monthly average balance (MAB) restrictions. These accounts - such as SBI's basic savings bank deposit (BSBD) account - can be operated

The Indian economy has been clearly losing traction and needs a decisive monetary policy to promote growth, said Reserve Bank of India Governor Shaktikanta Das while voting for a 25 basis points rate cut along with other five members at the MPC meet earlier this

Maharashtra has identified a new site for the planned $44 billion oil refinery that state-run firms are building with Saudi Aramco and Abu Dhabi National Oil Co (ADNOC), Chief Minister Devendra Fadnavis said on Wednesday.

The new site in Maharashtra would be at Raigad district, about 100 kms (62 milies) south of the country's financial capital

IRCTC or Indian Railway Catering and Tourism Corporation's tourism arm, IRCTC Tourism, is offering a five-day and four-night tour package to Sharjah, Dubai and Abu Dhabi from Mumbai at a starting tariff of Rs 50,990 per person on triple occupancy basis. Called "Dazzling Dubai International

The United States' plans to cap H1-B work visas, used by Indian IT firms to send employees there, would imply a "further crunch" for businesses to access skilled workforce, industry lobby group Nasscom said on Thursday.

The United States told

Finance Minister Nirmala Sitharaman reviewed the state of the economy and discussed various Budget-related suggestions and proposals at a meeting with financial sector regulators here on Wednesday. Ms Sitharaman will present the first budget of the Modi 2.0 government on July 5 against the backdrop of India's economy hitting a five-year

The S-P 500 index touched an all-time high on Thursday, after the Federal Reserve indicated that it could cut interest rates as early as July to combat growing risks to global and domestic growth.

The U.S. central bank left rates unchanged at the end of its two-day June policy meeting on Wednesday, but pledged to "act as appropriate" to sustain

GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs 899 in a limited-period sale. The sale - for which bookings are open till June 23 - is valid for travel between July 1 and September 30, 2019. Additionally, customers can

Union Budget is an annual financial statement of estimated receipts and expenditures of Government of India. Finance Minister Nirmala Sitharaman will present the full-year Budget for 2019-20 on July 5. It will be the first budget of the Prime Minister

Domestic stock markets started Friday's session on a lower note amid a mixed trend in Asian peers. The S-P BSE Sensex index fell as much as 224.63 points to 39,377.00 and the NSE Nifty moved to 11,768.85, down 62.9

Gold prices on Thursday surged by Rs 280 to cross Rs 34,000-mark, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. The price of yellow metal rose to Rs 34,020 per ten grams. Tracking gold, silver rates too increased by Rs 710 to Rs 39,060 per kg on increased offtake by industrial units and coin makers.

Fixed deposits (FDs) are savings instruments that offer attractive interest rates for a particular amount of money that is invested for a fixed period of time. FDs are offered by commercial banks, post offices, small finance banks and non-banking financial companies. According to experts, FDs are one of the safest investment options. This

With skills needed to succeed changing rapidly, 62 per cent Indian professionals feel daunted by the rapid pace in the requirement of expertise, according to a survey by professional networking platform LinkedIn.

In India, the top three

After racking up $59 billion of net debt to survive a brutal war in the world's second-biggest phone-services market, some of country's billionaires are bracing for more as their next battle looms: 5G.

India seeks to raise $84 billion this year from a sale of airwaves -- most of it for the latest technology tipped to revolutionize connectivity --

Housing Development Finance Corp Ltd (HDFC) on Wednesday said it will buy a 51.2 per cent stake in Apollo Hospital Group's joint venture, Apollo Munich Health Insurance Company for Rs 1,347 crore ($193.40 million).

German reinsurance company Munich Re, which

The National Company Law Tribunal (NCLT), country's bankruptcy court, on Thursday accepted an insolvency petition against Jet Airways filed by its creditors as they attempt to recover some of their dues.

The insolvency process will allow

The S-P BSE Sensex and NSE Nifty 50 Indexes staged a sharp upmove in today's session led by gains in ICICI Bank, Reliance Industries, Larsen - Toubro, HDFC, IndusInd Bank, Tata Consultancy Services and Maruti Suzuki. The Sensex and Nifty opened lower but staged a strong recovery on the back of buying interest in auto, banking, capital

The Federation of Indian Chambers of Commerce and Industry (FICCI) has called for lifting the income threshold on which highest income rate of 30 per cent is applied under the current income tax structure. In the Pre-Budget Memorandum, industry body FICCI

The rupee on Thursday surged 24 paise to close at a one-week high of Rs 69.44 against the US currency on the back of a rally in equities and losses in the dollar after the US Federal Reserve hinted at a possible rate cut in near future. The rupee rose to a high of 69.35 to the

Breaking their 13-day losing streak, shares of the grounded-carrier Jet Airways surged more than triple in the intraday trade from a record low on Thursday. On the NSE, Jet Airways share price rose to Rs 82.75 from the record low of Rs 26.55 registered during the session. The scrip settled 122 per cent up at Rs 73.55 from its previous close of Rs

Are you aware that you can download a digital copy of your Aadhaar card on a device (personal computer, mobile phone etc.) The UIDAI or Unique Identification Authority of India - the issuer of the 12-digit personal identification number under